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JAS (Journal of ASEAN Studies)
Published by Universitas Bina Nusantara
ISSN : 23381361     EISSN : 23381353     DOI : https://doi.org/10.21512/jas
Core Subject : Social,
Social Sciences
The Journal of ASEAN Studies (JAS) is a peer-reviewed bi-annual journal that enriches understanding of the past, current, and future issues relevant to ASEAN and its circle of issues. The article shall address any research on theoretical and empirical questions about ASEAN. The Topics addressed within the journal include: diplomacy, political economy, trade, national development, security, geopolitics, social change, transnational movement, environment, law, business and industry, and other various related sub-fields. JAS expects the articles encourage debate, controversy, new understanding, solid theory, and reflection on ASEAN. The articles sent should have a sharp analysis and rigorous methodologies quantitative or qualitative as well as written in an engaging and analytical style. The JAS does publish original research, reviewing research, book review, opinion pieces of current affairs. However JAS does not publish journalistic or investigative style of article. The JAS would not be responsible for any implied or written statements of articles published. Each author would be responsible for their own writing.
Arjuna Subject : Ilmu Sosial - Ilmu Politik dan Hubungan Internasional
Articles 10 Documents
 1 
Search results for , issue "Vol. 12 No. 1 (2024): Journal of ASEAN Studies" : 10 Documents clear
Does Terrorism Still Spread Fear to ASEAN’s Financial Market? Johan, Suwinto
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.7389

Abstract

The research aimed to examine the financial markets’ responses to terrorist attacks in Southeast Asia. Market reactions were a reflection of public sentiment. The market reaction was calculated using the stock index indicator and the currency exchange rate of the country relative to the US Dollar. The research employed a paired test to compare the period prior to and following the terrorist attack. The research used Wilcoxon Test to examine 38 terrorist attacks across four Southeast Asian nations: Indonesia, Thailand, Philippines, and Malaysia. The research concludes that the stock index exhibits both normal and abnormal returns between pre-incident and post-incident periods. Post-incident returns are higher than pre-incident returns. Stockholders are not required to sell their existing holdings in response to a terrorist attack. Between pre-incident and post-incident investors who do not invest in the capital or money markets, the foreign exchange market does not exhibit significant changes. Investors can profit by purchasing stock or foreign currency on the day of the incident or one day afterwards and selling it three days later.
Indonesia’s Spice-Based Gastrodiplomacy: Australia and Africa Continents as the Potential Markets Yayusman, Meilinda Sari; Mulyasari, Prima Nurahmi
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.8004

Abstract

The history of the spice route has left a legacy in Indonesia and the rest of the world. To date, Indonesia continues to be a major global player in the spice trade. Pepper, nutmeg, cloves, mace, and cinnamon were the country’s primary exports. Food may foster cross-cultural understanding, which can enhance international cooperation and engagement. Thus, foods rich in spices can be an asset for Indonesia’s gastrodiplomacy. In collaboration with various non-state actors and coordinated by Indonesia‘s Coordinating Ministry of Maritime and Investment Affairs, the Indonesian government has developed an ambitious gastrodiplomacy strategy called ”Indonesia Spice Up the World” (ISUTW). Despite possible hurdles, Australia and Africa could be potential markets for further implementation of ISUTW. The research aims to answer the following questions: 1) To what extent has Indonesia promoted its spice-based gastrodiplomacy? and 2) What are the opportunities and challenges of Indonesia‘s spice-based gastrodiplomacy for the Australian and African markets? The research employs a mixed-method approach, including surveys to gather data about Indonesian cuisine businesses operating in Australia. This research incorporates a literature analysis, in-depth interviews, and focus group discussions with both state and non-state actors to strengthen the study, particularly in the context of the African market. Indonesia's gastrodiplomacy strategy, centered around spices, is suggested to prioritize Australia and Africa by leveraging cultural connections and existing market presence to effectively promote Indonesian gastronomy globally.  
Identifying Key Determinants of Civil Society Robustness in Southeast Asia Amrullah, Maulana
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.9422

Abstract

The research examines the key determinants of civil society robustness in Southeast Asia, addressing a significant gap in quantitative research within the region. Utilizing the beta regression model on data spanning from 1986 to 2023, the researcher explores the impact of participatory democracy, civil liberty, political stability, the rule of law, and neopatrimonialism on civil society’s robustness. Moderating effects of GDP per capita, control of corruption, freedom of expression, and digital freedom accessibility are also considered. Findings reveal that participatory democracy and civil liberties significantly enhance civil society’s robustness, whereas political instability tends to undermine it. Surprisingly, neopatrimonialism shows a positive influence, suggesting complex adaptive strategies by civil organizations. Along with the insignificant result of the rule of law, neopatrimonialism challenges conventional views, standing out among the variables analyzed. The research contributes to understanding the multifaceted dynamics of civil society in Southeast Asia, offering insights for policymakers and Civil Society Organizations (CSOs) to foster democratic governance and social justice. It underscores the necessity for region-specific strategies acknowledging the unique political, economic, and cultural landscapes of Southeast Asian countries.
Sustainability Reporting and Corporate Performance: The Moderating Role of Corporate Internationalization Yau, Josephine Tan-Hwang; Yu, Magdalene Sze-Ee; Amidjaya, Prihatnolo Gandhi; Liwan , Audrey; Kueh , Jerome Swee-Hui; Hamdan , Rosita
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.9476

Abstract

This study aims to investigate the relationship between sustainability reporting and corporate performance moderated by the internationalization level of the firms. The sample for this empirical study is collected from the Financial Times Stock Exchange (FTSE)100 firms listed on Bursa Malaysia for a period of nine years from 2011 to 2019. We examine the sustainability reporting based on the Global Reporting Initiative (GRI) standard with the G4 guideline, in which a content analysis method has been employed to obtain the Sustainability Reporting Index (SRI). The moderating variable for this study is the internationalization level, which is proxied by foreign sales generated. The findings demonstrate that sustainability reporting disclosure has no effect on corporate performance. However, internationalization improves corporate performance but serves no moderation role in the relationship between sustainability reporting and corporate performance. We conclude that there is no evidence to substantiate the claim that companies that disclose more in their sustainability reporting perform better, and this may be because Malaysian corporations are still new to non-financial reporting. We believe that although sustainability reporting is costly, sustainability reporting is able to enhance the reputation of firms in the international market. Sequentially, a highly internationalized firm with more sustainability reporting disclosures may bring wealth to the company in the long run.
The Reform and Evolution of ASEAN Human Rights Regime: A Communicative Action Perspective Maulana, Zain; Putra, Husni Amriyanto
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.9668

Abstract

ASEAN has experienced significant progress since the initiation of the ASEAN Community Vision and the incorporation of human rights into its foundations. This development has ignited continuous scholarly discussions over the degree to which the ASEAN human rights framework shape regional identity and impacts member states’ behavior towards human rights. These debates often revolve around two key theoretical approaches: the logic of consequences and the logic of appropriateness. These logics pose challenges in fully understanding the complexity of state behavior, as they are often observed operating simultaneously and interchangeably within state actions. The article investigates the ASEAN human rights regime through the communicative action perspective and its logic of arguing. It employs a qualitative instrumental case study approach, focusing on the ASEAN Intergovernmental Commission on Human Rights (AICHR) and the ASEAN Humanitarian Assistance (AHA) Centre to illuminate the region's evolving human rights strategies. It is characterized by both deliberate reforms and informal adaptations, reflecting a complex interplay of traditional principles, and emerging human rights norms. The findings indicate that ASEAN states are open to being convinced and persuaded by ideas related to human rights instead of dismissing them outright. ASEAN's approach to human rights, while progressing gradually, suggests a shift towards more substantive engagement with global human rights norms, facilitated by the discursive processes embedded within the AICHR and AHA Centre.
ASEAN in the World’s 100 Top-Ranked Pension Funds: Lessons for Indonesia Asshagab, Sri Milawati; Hasanah, Asia Miscolayati
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.10220

Abstract

The research explored the pension funds of Singapore, Malaysia, and Vietnam, which had managed to exceed Indonesia’s total pension fund assets under management despite having smaller populations and workforces. With Indonesia aiming to increase its pension funds to 60% of its GDP by 2045, the research aimed to extract lessons from the investment strategies, governance structures, and other key indicators of the pension funds in these three ASEAN countries to aid in achieving Indonesia’s target. This research utilized a document analysis method to gather data on top-ranking pension funds in ASEAN countries, including the Central Provident Fund (Singapore), Employees Provident Fund (Malaysia), Social Insurance Funds (Vietnam), and BPJS Ketenagakerjaan (Indonesia), with qualitative and descriptive statistics methods employed for data analysis. This research has found that Singapore and Malaysia excel in managing their pension fund accounts by offering innovative services tailored to meet the needs of their citizens. Singapore has special home ownership and asset management accounts with a strong social media presence. Malaysia offers both conventional and Sharia-based services, including services for the hajj, which cater to the religious needs of its Muslim population. Meanwhile, Vietnam has a more inclusive system that covers foreign workers, similar to Indonesia’s, but demands that foreign workers join the program should align with available program information in English.
The Transformation of Kizukai Habitus on Asian Trainee in Japan: Striving and Competition of Labor Market in ASEAN Prabowo, Roberto Masami; Mahzuni, Dade; Risagarniwa, Yuyu Yohana; Rustam, Muhammad Reza
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.10315

Abstract

In the 1990s, Japan faced a severe economic downturn known as the "Lost Decade." To address labor shortages and strengthen economic and political ties with developing nations, the Japanese government has initiated a trainee program to provide individuals from developing countries in Asia with the opportunity to gain work experience in Japan for three years. The research aims to explore the impact of Japan's trainee program on participants who left Japan between 2000 and 2010. Specifically, it investigates how these individuals adapt to Japanese society through the concept of ‘kizukai’ (empathy and concern for others) and examines their success in establishing businesses in their home countries. The research employs an ethnographic approach, utilizing direct interviews and a literature review. The ethnographic method, utilizing direct interviews with former trainees, offers qualitative insights into their social adaptation, business success, and engagement with Japanese cultural practices, enriching the understanding of their lived experiences. The literature review complements this by providing a theoretical framework, particularly Bourdieu's theories of habitus, field, and capital, to analyze the changes in trainees' behaviors and their impact on business practices. The research finds that many trainees have successfully integrated into Japanese society by internalizing Hiroyuki Inoue's concept of kizukai. This integration plays a significant role in their entrepreneurial success upon returning to their home countries, where they establish prosperous businesses. The findings suggest that while the trainee program has shortcomings, it contributes to strengthening international economic relations and offers lessons for improving future trainee programs.
Nickel Downstreaming in Indonesia: Reinventing Sustainable Industrial Policy and Developmental State in Building the EV Industry in ASEAN Lahadalia, Bahlil; Wijaya, Chandra; Dartanto, Teguh; Subroto, Athor
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.11128

Abstract

The developmental state concept, which entails proactive government support for economic structural transformation, remains contentious today. Some scholars vigorously argue that government intervention in the economy was indispensable to the success of East Asian countries, whereas others are critical of the practice, arguing that it tends to neglect sustainability dimensions and contending that government intervention in the market is often unwarranted. In this study, the authors analyse how Indonesia’s nickel ‘downstreaming’ strategy represents a new developmental state model that considers the aforementioned discourse on the merit of industrial policy. The new model aligns the classical developmental state concept with the need to address pressing environmental and social concerns, which are widely recognized as being of paramount importance. Through an integrative literature review and secondary data analysis, the study reveals that Indonesia’s downstreaming strategy does exemplify a new developmental state model, as the government does not aim just to stimulate economic growth but also to contribute to the energy transition with EV battery manufacturing and to invigorate social inclusion by ameliorating inequality particularly in Eastern Indonesia. Nevertheless, the application of the new developmental state model through the downstreaming strategy uncovers some areas where improvement is necessary. The policy needs to be continuously refined so that its negative environmental and social externalities can be mitigated, and it can serve as a better example of a new developmental state model.
Navigating Turbulence: ASEAN’s Leadership Challenges in the Human Rights Violation in Myanmar and South China Sea Dispute Agussalim, Dafri; Wicaksono, Tunggul
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.11158

Abstract

The Association of Southeast Asian Nations (ASEAN) is one of the most rapidly growing regional organizations, significantly influencing the geopolitical landscape of Southeast Asia and beyond. Despite these successes, however, ASEAN currently faces serious challenges in maintaining its unity, solidarity, and cohesiveness. A critical issue is the divergence in views, attitudes, and policies of member countries on crucial political and security matters. This study explores the concept of leadership within the structure of regionalization in the Association of Southeast Asian Nations (ASEAN). The concept is shaped by structural capabilities derived from the region's resource production and manpower, with charisma playing a crucial role in leadership. Based on this concept, this study explores the leadership role in ASEAN's efforts to address current and upcoming issues, particularly about human rights abuses in Myanmar and South China Sea disputes. This study compares Indonesia's leadership within ASEAN to that of other member states using a qualitative comparative case study design. This method investigates how different elements affect the phenomenon that is being studied. A more nuanced understanding of the complex relationships between various variables, including leadership, domestic turmoil, and regional dynamics, can be obtained through the analysis of cases in real-life contexts. The study posits that ASEAN will not be able to uphold its integrity and accelerate the realization of a harmonious ASEAN society in the future without robust leadership. Unlike in its early years, ASEAN today lacks a leader capable of mobilizing political resources to address and resolve collective issues within the organization.
Beyond Integration: Confronting Financialization and Industrialization Challenges in ASEAN Amidst a Shifting Global Order Karim, Moch Faisal; Mursitama, Tirta Nugraha; Arnakim, Lili Yulyadi; Tahalele, Miranda Paulina
JAS (Journal of ASEAN Studies) Vol. 12 No. 1 (2024): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v12i1.12173

Abstract

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